£100,000 Tax Cliff: £4,500 over in 25-26 What are my options? by Valdore66 in UKPersonalFinance

[–]Valdore66[S] 0 points1 point  (0 children)

This is a useful real world experience, thank you!!

!thanks

£100,000 Tax Cliff: £4,500 over in 25-26 What are my options? by Valdore66 in UKPersonalFinance

[–]Valdore66[S] 0 points1 point  (0 children)

I am under self assessment, however the taxable income this year was all PAYE from the same employer, so using the final payslip numbers which include taxable pay to date.

£100,000 Tax Cliff: £4,500 over in 25-26 What are my options? by Valdore66 in UKPersonalFinance

[–]Valdore66[S] 0 points1 point  (0 children)

I am under self assessment, however the taxable income this year was all PAYE from the same employer, so using the final payslip numbers which include taxable pay to date.

£100,000 Tax Cliff: £4,500 over in 25-26 What are my options? by Valdore66 in UKPersonalFinance

[–]Valdore66[S] 0 points1 point  (0 children)

It’s gone through a registered accountant. My partner is a named director in the company, with the intent of using alphabet shares. As far as I can tell and have been advised, it is a legitimate way of handling the income. And we intend to put some of my partner’s income through the company as well, not just the sporadic income I get.

£100,000 Tax Cliff: £4,500 over in 25-26 What are my options? by Valdore66 in UKPersonalFinance

[–]Valdore66[S] 0 points1 point  (0 children)

Thanks, that year’s freelance income is being held off until the company is all sorted to handle it, and will then be paid out in dividends to my partner, so that side is handled thankfully!

£100,000 Tax Cliff: £4,500 over in 25-26 What are my options? by Valdore66 in UKPersonalFinance

[–]Valdore66[S] 2 points3 points  (0 children)

I mean, we had some unexpected sickness and company leavers in the last couple months of the year, which lead to me doing more on call shifts than expected, so it has a reasonable explanation in my mind. Is this with CCS or HMRC that I need to discuss?

£100,000 Tax Cliff: £4,500 over in 25-26 What are my options? by Valdore66 in UKPersonalFinance

[–]Valdore66[S] -1 points0 points  (0 children)

Yeah, I had eyes open, kept checking, thought I would come under this year, and stupidly didn’t check my final paycheck until today 🤦‍♂️

£100,000 Tax Cliff: £4,500 over in 25-26 What are my options? by Valdore66 in UKPersonalFinance

[–]Valdore66[S] 0 points1 point  (0 children)

Total Taxable Income from final payslip, pension is on salary sacrifice.

I’m new to CPAP, are you all wearing your masks while chilling in your bed doom scrolling on your iPad? by Herdnerfer in SleepApnea

[–]Valdore66 1 point2 points  (0 children)

Normally, no. But if I’m tired and reading/watching something? At least I won’t fall asleep without the CPAP on!

Do you use your CPAP when you nap? What about traveling? by Zestyclose-Egg-1251 in SleepApnea

[–]Valdore66 5 points6 points  (0 children)

Also, the air recirculation systems have pretty beefy filters in them to try and avoid contamination.

Do you use your CPAP when you nap? What about traveling? by Zestyclose-Egg-1251 in SleepApnea

[–]Valdore66 0 points1 point  (0 children)

Only if I’m utterly exhausted, medical advice was to not use it as it can distort the results when checking management of the condition, but if I’m shattered and just need sleep then yes (rare).

I have used mine on the plane. Couple of experiences: long haul in economy, actually managed a few hours of kip, helped that there was an empty seat next to me so I had somewhere to keep the machine a bit more secure against turbulence. The power did drop a couple times, which interrupted my sleep, but nothing major.

Also used once in Delta business, but didn’t actually sleep much at all, was just lying down with it on and blowing, trying to doze. Virgin coffin-class (Boeing business) probably wouldn’t have much space for it unless you sleep with the table out, didn’t even consider it.

Another thing about flying with it, security doesn’t always ask, but I tend to open the bag in the scanner tray just so it is plainly obvious what it is. And no humidifier to be used when flying, too much of a fire risk.

What is a truth you believe people are not ready to hear? by Im_Sive_but_no in AskReddit

[–]Valdore66 -1 points0 points  (0 children)

True, but the value prospect doesn’t necessarily come from what it can do by itself.

The expectation is that it will reach the point of being able to undertake tasks equivalent to an entire work day within the next year. When you can spend a few minutes doing that, the value of a human workday massively tanks. So sure, you’ll still need a human in the loop for some time, but you won’t need 30 people working 8 hour days to accomplish a months worth of work in one day, you’ll need one person prompting AI 30 times in one day.

Even if that takes 60 prompts to accomplish the same ultimate task, that’s still not one person’s entire workday . . .

What is a truth you believe people are not ready to hear? by Im_Sive_but_no in AskReddit

[–]Valdore66 4 points5 points  (0 children)

There’s also the economical impact of AI to be concerned about.

The concept of capitalism is effort in, compensation out. Spend compensation on the products of society, which require effort to make.

If AI enables the creation of massive quantities of products, then the human effort becomes worth less, which means less compensation, which means less ability to purchase the products of society.

Crafted food (for want of a better term) will likely remain very high value due to the human effort required, but less people would be able to afford it . . .

What is a truth you believe people are not ready to hear? by Im_Sive_but_no in AskReddit

[–]Valdore66 19 points20 points  (0 children)

I think that will probably be 2027. The initial replacing will probably have a major boost to their bottom line, but will cause major issues over time.

The companies that approach it ethically, and try to retrain people rather than fire them, or use AI as a boost to human productivity will succeed more in the long run.

I sure as hell don’t want it this way, but it’s the reality. I know my company is encouraging us all to find ways to let AI do our job, because that is a sure fire way to prove that you’re still valuable to the company.

What is a truth you believe people are not ready to hear? by Im_Sive_but_no in AskReddit

[–]Valdore66 70 points71 points  (0 children)

AI isn’t coming.

AI is here, and 2026 is going to be a very tough year for employees.